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International Business Times UK
International Business Times UK
Niloy Chakrabarti

Jim Cramer Calls Jeff Bezos' $4B Amazon Stock Sale a 'Buzzkill' Amid Record Rally

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Jim Cramer believes Bezos' Amazon stock sale dampened the rally. (Credit: Threads)

Amazon executive chairman Jeff Bezos is planning to offload 15 million shares of the company worth over $4.07 billion, according to a recent Form 144 filing with the US Securities and Exchange Commission.

The shares are part of founder stock that Bezos acquired through the company's original issuance. Financial guru Jim Cramer reacted to Bezos' stock sale, describing it as a 'buzzkill' amid a robust stock rally following a recent Q2 earnings beat.

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